NEW SUBSIDIES (OCT 2021 - MAY 2022)
Eligible Organizations:
Had a CRA Payroll account on March 15, 2020 or for rent subsidies, you had a business number with CRA on September 27, 2020
sole proprietor or corporations (similar to that of CEWS)
There are 3 programs during the October 24, 2021 - May 7, 2022 time period in which you may qualify as a business. If you qualify under any of these programs you may be eligible to receive a wage or rent subsidy.
1) Tourism and Hospitality Recovery Program (THRP)
There are 2 methods in which you can qualify under this program:
Method 1 - Tourism, hospitality, arts, entertainment, and recreation sectors
More than 50% of revenue comes from one or more of the tourism, hospitality, arts, entertainment or recreation activities
You have a 12 month average revenue drop from March 2020 to Feb 2021 of at least 40%
You have a claim period revenue drop of at least 40%
Method 2 - Organizations affected by a qualifying public health restriction
you were affected by a qualifying public health restriction
you have a claim period revenue drop of at least 40%
If you qualify under this program, you may be able to receive a wage and/or rent subsidy
2) Hardest-Hit Business Recovery Program Wage subsidy (HHBRP)
This program, you may qualify for regardless of any sector. To qualify for the HHBRP, you must meet the following two conditions:
You have a 12-month average revenue drop from March 2020 to February 2021 of at least 50%
you have a claim period revenue drop of at least 50%
If you qualify under this program, you may be able to receive a wage and/or rent subsidy
3) Canada Recovery Hiring Program (CHRP)
you have a revenue decline of more than 10%
you have an increase in employee pay compared to the base period March 14 to April 10, 2021
If you qualify under this program, you may be able to receive a wage subsidy
Calculating your subsidies and applying
Wage and hiring subsidy -Calculate your wage or hiring subsidy
Rent and property - Calculate your rent subsidy
After you have calculated your subsidy amount, you may apply through my business account
For More Information, please refer to the links below prior to applying